Dassault Systèmes SE (OTCMKTS:DASTY) Short Interest Down 64.3% in May

Dassault Systèmes SE (OTCMKTS:DASTY - Get Free Report) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 1,000 shares, a decline of 64.3% from the May 15th total of 2,800 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 107,500 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

DASTY has been the topic of a number of research reports. Berenberg Bank upgraded Dassault Systèmes from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 3rd. The Goldman Sachs Group upgraded Dassault Systèmes to a "strong-buy" rating in a research report on Friday, June 6th.

Institutional Investors Weigh In On Dassault Systèmes

Several institutional investors and hedge funds have recently bought and sold shares of the business. Riverbridge Partners LLC bought a new stake in Dassault Systèmes in the first quarter valued at $206,000. Rhumbline Advisers lifted its position in shares of Dassault Systèmes by 18.9% in the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company's stock worth $795,000 after purchasing an additional 3,306 shares during the period. Boston Common Asset Management LLC boosted its stake in shares of Dassault Systèmes by 38.0% during the 1st quarter. Boston Common Asset Management LLC now owns 40,184 shares of the technology company's stock valued at $1,517,000 after purchasing an additional 11,066 shares in the last quarter. Finally, Azimuth Capital Investment Management LLC grew its holdings in shares of Dassault Systèmes by 27.5% during the 1st quarter. Azimuth Capital Investment Management LLC now owns 120,425 shares of the technology company's stock worth $4,545,000 after acquiring an additional 25,988 shares during the period. Hedge funds and other institutional investors own 0.03% of the company's stock.

Dassault Systèmes Price Performance

Shares of DASTY stock traded up $0.63 during trading hours on Monday, hitting $36.93. 113,427 shares of the company's stock were exchanged, compared to its average volume of 103,316. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $49.51 billion, a PE ratio of 37.68, a PEG ratio of 3.83 and a beta of 1.01. The business's 50 day simple moving average is $37.40 and its 200-day simple moving average is $38.06. Dassault Systèmes has a 12-month low of $32.85 and a 12-month high of $44.18.

Dassault Systèmes Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 26th. Investors of record on Friday, May 23rd will be issued a dividend of $0.222 per share. The ex-dividend date is Thursday, May 22nd. This represents a yield of 0.58%. Dassault Systèmes's dividend payout ratio is presently 22.92%.

About Dassault Systèmes

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.